Honda has chosen a competitor of embattled Takata to supply airbags for the next North American version of its Accord sedan, the automaker's best-selling vehicle, two people with knowledge of the decision told Reuters...Read More »

Former Transportation Secretary Samuel Skinner said six experts -- including Cerberus Chairman John Snow -- will serve on an independent panel that will oversee Takata's efforts to ensure that its airbag inflators meet federal safety standards....Read More »

Japan's Daicel said it would boost production of airbag inflators to meet demand for the component at the heart of rival Takata's quality problems, which have led to the recall of more than 24 million vehicles worldwide since 2008....Read More »

Japanese Transport Minister Akihiro Ohta said today his ministry was considering whether to revise existing laws to beef up oversight of auto suppliers in the wake of massive recalls of Takata airbags....Read More »

Autoliv, the world’s largest supplier of automotive airbags, says it has signed contracts with several automakers to deliver up to 25 million inflators to fix potentially defective airbags produced by Takata....Read More »

Honda agreed to pay a record $70 million in fines and submit to stricter oversight for failing to tell the US government about warranty claims and more than 1,700 injuries and deaths linked to potential defects in its cars....Read More »

Shares in Takata, the maker of airbags that led to millions of vehicle recalls by global carmakers, rose to the highest price in more than two months as a major lender said it would support the troubled supplier should it fail....Read More »

China's government sacked two senior officials and will prosecute 18 others following an explosion in August at a car parts factory that killed 146, the country's worst industrial accident this year, state media reported....Read More »

Stefan Stocker, the Takata president who was brought in to inject more transparency and openness into the family-controlled auto supplier, is out after less than two years at the company. That puts CEO Shigehisa Takada, the 48-year-old grandson of Takata's founder, solely in control of the response to an escalating safety crisis involving airbag defects....Read More »

BMW AG today expanded its recall nationally to include another 140,000 vehicles that have potentially faulty driver-side airbags, in cooperation with NHTSA. BMW is the last of five automakers to expand Takata driver-side airbag recalls after NHTSA’s orders last month...Read More »

Automobile recalls surpassed the 60 million mark in the United States for the first time in a single year, largely because of the rush to prevent more deaths from defective General Motors ignition switches and Takata airbags....Read More »

FCA US, the former Chrysler Group, said Friday it will replace driver-side airbag inflators in as many as 3.3 million more older-model vehicles, in a capitulation to a demand by the National Highway Traffic Safety Administration....Read More »

The number of people who died in traffic crashes fell 3 percent in the United States to 32,719 fatalities in 2013, the National Highway Traffic Safety Administration said today, crediting a combination of stricter regulation and advanced safety technology....Read More »

Takata's airbag crisis could spur changes to how car owners maintain their vehicles, with Japan’s automakers discussing whether drivers should regularly replace the chemicals used to inflate the safety devices....Read More »

Airbag maker Takata has sufficient funds to deal with a global recall that has climbed to about 21 million vehicles after five deaths linked to its products, the company's CEO told the Nikkei newspaper....Read More »